PEO

PEOs + REX

REX can find coverage for more than just your typical risk. We have a dedicated AM Best "A" rated PEO that specializes in accounts with premiums over $75,000 with experience mods greater than 1.0.

The best risks for this program are insureds who have no option other than the state insurance fund. Insured's can save an amount equal to 2%-10% (sometimes more) of their annual gross payroll. For example, if the insured's annual payroll is $1,000,000, their savings could be between $20,000 and $100,000 for the year. This program has low start up costs for the insured--approximately $1,000 policy fee plus a nominal broker fee to initiate the pay-as-you-go payment plan. The policy and broker fee is substantially lower than the policy deposit of most traditional workers' compensation programs. This benefits clients faced with otherwise large deposits by offering lower out-of-pocket expenditures.

What type of accounts? We have a dedicated PEO specializing in large, high debit mod accounts in a select number of states. Examples of ideal risks include: heavy construction, manufacturing, food processing/bakeries, janitorial, trucking, and staffing. Exclusions for this program include: towing, USL&H, hazardous material handling, greater than 25% part time labor, and armed guards.